Written by 뉴스넷• 2024-06-02•
3:50 PM•
Politics
Yoon “Establishing a foundation for exchange of essential minerals information, technology cooperation, and joint exploration with Africa”
HomePoliticsYoon “Establishing a foundation for exchange of essential minerals information, technology cooperation, and joint exploration with Africa”
Yoon, AFP written interview ahead of Africa Summit
“Africa, despite its importance, accounts for only 1.9% of total trade”
“Will actively support exchanges between Korean and African companies”
“Endless possibilities for infrastructure cooperation such as roads, railways, airports”,
![Jeong In-gyo, Director-General of the Ministry of Industry, Trade and Resources, and Ibrahim Alpha Sesay, Sierra Leone's Minister of Trade and Industry, are signing a 'Trade and Investment Promotion Framework Memorandum of Understanding' at the Presidential Office in Yongsan, Seoul, as Yoon Suk-yeol, the President, and Julius Maada Bio, President of Sierra Leone, look on on the 31st.' Union News</em></span>, <br />, ‘[Seoul Economy]’, <br />, <br />, ‘President Yoon Suk-yeol said on the second day, “Korea is an advanced industrial manufacturing powerhouse, but depends on imports for over 95% of its raw materials” and said, “(Through the South Korea-Africa Summit) we will establish a comprehensive cooperation base for core mineral-related information exchange, technological cooperation, joint exploration, etc.”‘, <br />, <br />, ‘President Yoon made these remarks in a written interview with AFP ahead of the ‘2024 South Korea-Africa Summit’. On that day, AFP published an interview titled ‘President Yoon focuses on minerals and trade by hosting a summit with Africa’ (S. Korean president to host Africa summit eyeing minerals, trade).’, <br />, <br />, ‘President Yoon emphasized, “Despite its importance, the trade volume between the two sides accounts for only 1.9% of Korea’s total trade volume” and said, “To expand overall trade, we will actively support exchanges between companies from both sides.”‘, <br />, <br />, ‘According to AFP, Korea mainly imports raw materials such as coal, iron ore, and stainless steel from Africa. Korea exports high value-added items such as automobiles and electronic products to Africa.’, <br />, <br />, ‘President Yoon explained that the background for Africa’s desire to expand exchanges with us lies in our success experience.’, <br />, <br />, ‘President Yoon said, “Korea can offer Africa the experience it has accumulated in becoming a developed country from a developing country over half a century” and stated, “We will contribute to infrastructure development, especially” He further pointed out, “There are endless possibilities for projects that both sides can cooperate on in various areas of infrastructure, including roads, railways, airports, seaports, smart transportation, smart city systems, master planning, and more.”‘, <br />, <br />, ‘In addition, President Yoon introduced Korea’s Saemaul Undong (New Village Movement) as a model case for economic development in many African countries in the interview. He also mentioned examples such as the construction of the Kazungula Bridge by Daewoo Construction, which reduced logistics time between Zambia and Botswana from 2 weeks to 2 hours.’, <br />, <br />,</p>
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